| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Sell | Sell | Sell |
| Stochastic (5; 3) | Neutral | Sell | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
The EUR/NZD currency pair reached 2017/2018 high at the 1.7806 mark during Tuesday's morning hours.
As apparent on the chart, the pair has been trading in ascendig channel since the end of August. Currently, the exchange rate is trading near the uppper boundary of given channel. Technical indicators on the 4H and 1W time-frames are in favor of the bullish scenario. Given these facts, it is expected that a breakout could occur in the nearest future an the pair could aim for the weekly R3 at 1.800.
Two important levels to look our for are the weekly and monthly R2 located at 1.7868 and 1.7895, accordingly.